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Information Services Group (III)
What Are Recent Management Actions Indicating?
- Stepping into the market. In a flurry of Form 4 filings, the top 3 III executives added to their already substantial stock holdings through the purchase of III shares on the open market. In total, CEO Michael Connors added 40,000 shares at prices in the $3.70-$3.73 range, CFO David Berger added 2,050 in the $3.67-$3.79 range, and Vice Chairman Todd Lavieri added 13,500 in the $3.69-$3.79 range.
- It’s been awhile. Friday's Form 4 filings were the first open market purchases by CEO Connors since August 2017, when Mr. Connors added 13,514 shares over a series of purchases in the $3.60-$3.70 range. Mr. Lavieri has a very limited Form 4 filing history, while it would appear this is the first open mar...
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